BB&T

BB&T provides commercial banking, securities brokerage, asset management, mortgage lending and insurance products and services. Read more

Kelly S. King's photo - Chairman & CEO of BB&T

Chairman & CEO

Kelly S. King

CEO Approval Rating

62/100

BB&T TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Chase Bank is BB&T's top competitor. Chase Bank was founded in 1799 in Newark, Delaware. Chase Bank competes in the Banks field. Chase Bank generates $46.8B more revenue than BB&T.

Bank of America is perceived as one of BB&T's biggest rivals. Bank of America's headquarters is in Charlotte, North Carolina, and was founded in 1998. Like BB&T, Bank of America also competes in the Diversified Financial Services industry. Bank of America generates 619% of BB&T's revenue.

Wells Fargo is one of BB&T's top competitors. Wells Fargo is a Public company that was founded in San Francisco, California in 1852. Like BB&T, Wells Fargo also competes in the Diversified Financial Services field. Wells Fargo has 231,531 more employees vs. BB&T.

Weigh-in!

Help the Owler community know more

Growth Score - 1/1

Is 37,000 a good estimate for BB&T's Employee count?

BB&T Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Regions Insurance

Apr 2018

Source »
undisclosed
Regions Insurance provides risk management, employee benefits, business and individual insurance services.
The Swett & Crawford Group, Inc.

Feb 2016

Source »
$500M
Swett & Crawford provides insurance brokerage and reinsurance consulting services.
National Penn Bancshares, Inc.

Aug 2015

Source »
$1.8B
National Penn provides personal and business banking solutions with checking and savings accounts, loans and investment planning.
Susquehanna Bancshares Inc

Nov 2014

Source »
$2.5B
Susquehanna Bancshares provides a range of retail and commercial banking, and financial products and services.
Bank Of Kentucky Financial Corp

Sep 2014

Source »
$363M
Bank of Kentucky provides banking, financial services and other financial solutions.

These are all the companies that BB&T has acquired. BB&T has acquired 7 companies and its latest acquisition was Regions Insurance in Apr 2018. Regions Insurance provides risk management, employee benefits, business and individual insurance services.

BB&T Funding History

No recent funding data found related to BB&T

BB&T Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Realty Income is a real estate investment trust that invests in free-standing and single-tenant commercial properties.
$3.5B
Oct 23, 2018
Debt
Oct 18, 1994
Enigma is a cloud-based platform that offers data-driven insights and data acquisition solutions for banking and life science companies.
$95M
Sep 17, 2018
Equity
-
DGO is engaged in developing and producing oil and gas properties in the Appalachian Basin.
$1B
Jul 11, 2018
Debt
May 17, 2020
HEICO is an aerospace and electronics company that focuses on manufacturing industrial turbines, targeting systems, missiles and electro-optical devices.
$1.9B
Nov 06, 2017
Debt
-
Eureka Midstream owns and operates natural gas pipelines that engages in the gathering, transportation and compression of natural gas.
$400M
Sep 05, 2017
Debt
-

These are all the companies that BB&T has invested in. BB&T has invested 7 companies and its latest investment was Regions Insurance in Apr 2018. Regions Insurance provides risk management, employee benefits, business and individual insurance services.

BB&T News

December 9, 2020The Stadium Business

BB&T Center leads the way for NHL with WELL Health-Safety Rating

BB&T Center, home of the Florida Panthers, has become the first National Hockey League (NHL) arena to... See more »
August 7, 2020The Business Journals: Atlanta Business Chronicle

Truist completes integration of SunTrust and BB&T investment banking and capital markets operations

SunTrust Robinson Humphrey and and BB&T Capital Markets finalized their integration this week to beco... See more »
July 23, 2020Business Insider

BB&T Bank offers a low-fee savings account and a variety of CD types

BB&T; Alyssa Powell/Business Insider BB&T Bank (Member FDIC) could be a good option for people who va... See more »
June 29, 2020The Business Journals: Charlotte

BB&T Insurance Holdings rebranded with Truist name

Truist Financial Corp. (NYSE: TFC) rebranded its legacy BB&T Insurance Holdings to Truist Insurance H... See more »
June 24, 2020The Business Journals: Greensboro/Winston-Salem/High Point

High Point stadium name changes to reflect bank merger

The High Point Rockers' home stadium has a new name to reflect the merger of BB&T and SunTrust. Truis... See more »
June 18, 2020The Business Journals: Greensboro/Winston-Salem/High Point

Dash stadium has new name to reflect BB&T merger

Winston-Salem's pro baseball stadium has a new name, and the first half is no surprise. Truist Stadiu... See more »
June 10, 2020MarketScreener

BB&T now Truist Named No. 1 Mobile Banking App Among National U.S. Banks by J.D. Power

(marketscreener.com) CHARLOTTE, N.C., June 10, 2020 /PRNewswire/ -- Truist Financial Corporation toda... See more »

BB&T Press Releases

August 29, 2019PR Newswire

BB&T Corporation CEO to Speak at Barclays Global Financial Services Conference

WINSTON-SALEM, N.C., Aug. 29, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced Chair... See more »
August 2, 2019CENTRALCHARTS

BB&T Announces Redemption of Certain Depositary Shares

WINSTON-SALEM, N.C., Aug. 1, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) announced today that i... See more »
July 27, 2019PRcom

BB&T Partners with Combat Female Veterans Families United's Deployed Combat Female Project for Women Warriors in Combat Zones Overseas

BB&T supported and funded Combat Female Veteran Families United's Deployed Combat Female Project in J... See more »
July 18, 2019PR Newswire

BB&T reports record earnings of $842 million, or $1.09 per diluted share

WINSTON-SALEM, N.C., July 18, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today reported record... See more »
June 13, 2019PR Daily

Merged banks' new Truist moniker draws criticism online

BB&T and SunTrust joined forces intending to create a top-flight institution, but to avoid favoring e... See more »
May 7, 2019StreetInsider

BB&T Corporation CFO to present at Barclays Americas Select Franchise Conference

BB&T Corporation (NYSE: BBT) today announced its Chief Financial Officer Daryl N. Bible will present ... See more »
March 13, 2019U Wire

Charlotte loses heartbreaker against Wolfpack uptown - The 49ers lose by a single run to NC State in a nail bitter at BB&T Ballpark

The Charlotte 49ers (8-8) went Mano-a-mono with the undefeated NC State Wolfpack (16-0) at BB&T Ballp... See more »

BB&T Videos

Social Media

BB&T Headquarters

200 W 2nd Street

Winston-Salem, North Carolina27101

336-733-2000

Driving Directions »

Trending Companies

BB&T Summary

ABOUT

Overview

BB&T provides commercial banking, securities brokerage, asset management, mortgage lending and insurance products and services. BB&T was founded in 1872. BB&T's headquarters is located in Winston-Salem, North Carolina, USA 27101. BB&T's Chairman & CE...

CEO

BB&T's Chairman & CEO, Kelly S. King, currently has an approval rating of 62%. BB&T's primary competitors are Chase Bank, Bank of America & Wells Fargo.

Website

bbt.com

Frequently Asked Questions about BB&T

  1. When was BB&T founded?

    BB&T was founded in 1872
  2. Who is BB&T's CEO?

    BB&T's CEO is Kelly S. King
  3. How much revenue does BB&T generate?

    BB&T generates $13.8B in revenue
  4. How much funding does BB&T have?

    BB&T has historically raised $0 in funding
  5. Where is BB&T's headquarters?

    BB&T's headquarters is in Winston-Salem North Carolina, USA
  1. How many employees does BB&T have?

    BB&T has 37,000 employees
  2. What sector does BB&T operate in?

    BB&T is in Diversified Financial Services
  3. Who are BB&T's competitors?

    BB&T's top competitors are Chase Bank, Bank of America, Wells Fargo
  4. Who has BB&T invested in?

    BB&T's has invested in companies such as Realty Income, Enigma Technologies, Inc., DGO